MO: Gov. Nixon Announces the Creation of 16 New Jobs by Kansas City Service Company
2 Sep, 2011
Gov. Nixon’s administration announced today that a Kansas-based regulatory and compliance service company, Card Compliant, is relocating its headquarters and office operations to a new facility in Kansas City, relocating 19 employees in the information technology sector and creating 16 new jobs. The company will also make a capital investment of nearly $1 million.
“This new investment and job creation is good news for the Kansas City economy,” Gov. Nixon said. “The increasing demand for its service and need for additional space has led Card Compliant to relocate and expand its global company to the Show-Me State and hire hardworking Missourians, while increasing its investment into the local economy. We will continue to fight every single day, for every single job, in every corner of our state to move Missouri’s economy forward.”
To help Card Compliant with its relocation and expansion plan, the state of Missouri has authorized an economic incentive package that includes $968,000 worth of incentives through the Missouri Quality Jobs Program.
The company will be located at 460 Nichols Road, Kansas City.
The Quality Jobs Program was implemented in 2005. It provides benefits for companies creating a minimum number of jobs as required by project type. For program eligibility, the average wage of the new jobs must be at least the county average wage, the employees must work an average of 35 hours a week and the employer must offer health insurance to the employee, paying at least fifty percent of the premium.
Card Compliant provides technology supported solutions to compliance in the prepaid and store value card industry. The company cited the need for increased space as its reason for relocation.